Area Intelligence

TMN PERINGGIT JAYA

8 properties
2024
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Median Price
RM 293,500
PSF: RM 168

Residential Market

Median Price

RM 450,000

IQR: RM 25
MAD: RM 12
RM 162 PSF 5.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 293,000

IQR: RM 40
MAD: RM 18
RM 168 PSF 12.6%

PSF Trends (2021-2025)

TMN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 294K and a median price per square foot (PSF) of RM 168.

This area contains both residential and commercial properties. View 8 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 294K, with most transactions falling within a stable range of RM 250K to RM 434K, and a typical market range of RM 250K to RM 351K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 168, with core pricing between RM 144 and RM 191. Market pricing typically extends from RM 148.25 to RM 186.75, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PERINGGIT JAYA, Melaka Tengah, Melaka

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Transactions

8 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 250,000
TMN PERINGGIT JAYA
1,539 sqft · RM 162.00 PSF
May 2024
1,700 sqft
4 units
RM 293,000
Single Storey Shop JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 174.00 PSF
Sep 2024
RM 280,000
Single Storey Shop JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 167.00 PSF
Jul 2024
RM 260,000
Single Storey Shop TMN PERINGGIT JAYA
1,679 sqft · RM 155.00 PSF
Jun 2024
RM 340,000
Double Storey Shop JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 202.00 PSF
Jan 2024
1,750 sqft
1 units Single Storey Shop
RM 294,000
JALAN TAMAN PERINGGIT JAYA
1,755 sqft · RM 168.00 PSF
Sep 2024
3,700 sqft
1 units Single Storey Semi-D
RM 694,000
LORONG MAYANG
3,703 sqft · RM 187.00 PSF
Mar 2024
3,800 sqft
1 units Single Storey Semi-D
RM 450,000
JLN TMN PERINGGIT JAYA
3,800 sqft · RM 118.00 PSF
Jan 2024